If you're feeling pessimistic about the sports card industry, don't go to Parsippany, New Jersey on a Tuesday night.
You might need therapy.
CBS' Sunday Morning took a five-minute glimpse into things and concluded baseball cards were either dying or dead.
The report was part of the network's feature-oriented 90-minute news program.
The segment's producers didn't travel far from home base. Utilizing interviews and video gathered at a small, sparsely attended weeknight show at the Police Athletic League facility, interviews with New Jersey-based dealer Alan "Mr. Mint" Rosen, Mint Condition author Dave Jamieson and a small snippet from last weekend's Sun-Times show in Chicago, the story included a few dealer sound bites, some statistics that weren't sourced and video from well-attended shows in the 1980's that were likely found in the network's archives.
As expected after CBS sent out a promotional email, the piece focused on the modern era and the decline of sports card shops and fewer young collectors since the gluttonous days of the late 1980s and early 90s when even news cards became viewed as an investment for the first time.
Common sense told veterans that if cards weren't being discarded and played with as they were decades earlier, their long-term value might be on shaky ground but to those who bought into the idea, the new century has revealed the painful truth. It's spawned a flurry of mainstream media stories focusing on the hobby's "decline", many written by those who were kids during the overproduction era and have since learned that their Frank Thomas rookie cards aren't a ticket to easy street.
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Sports Collectors Daily